134
134
Dec 4, 2012
12/12
by
CNBC
tv
eye 134
favorite 0
quote 0
in fact from kennedy to reagan to clinton to w. bush lower tax rates frequently increased tax revenues, particularly at the upper end of the income stream. so here now to discuss this we have cnbc contributor keith boykin a former clinton white house aide and forbes media chairman steve forbes author of freedom manifesto, why free markets are moral and big government is not. love that. hey steve and keith. keith boykin i'll give you a little supply side. you'll hate this. this couples from the irs. the irs is going to use the bush cut, the dreaded bush tax cuts. the richest 1% paid $84 billion inflation adjusted dollars more between 2000 and 2007. that's a rise of 23%. in other words, their tax rates went down. and their tax revenues went up. now, isn't mr. obama making a mistake? >> well, the rich are paying more in taxes because the rich are disproportionately receiving most of the income in this country. the reality, larry, is that in my lifetime we've actually only raised income tax rates three times. once in 1969 to pay for th
in fact from kennedy to reagan to clinton to w. bush lower tax rates frequently increased tax revenues, particularly at the upper end of the income stream. so here now to discuss this we have cnbc contributor keith boykin a former clinton white house aide and forbes media chairman steve forbes author of freedom manifesto, why free markets are moral and big government is not. love that. hey steve and keith. keith boykin i'll give you a little supply side. you'll hate this. this couples from the...
172
172
Dec 8, 2012
12/12
by
CNBC
tv
eye 172
favorite 0
quote 0
federal law signed into law by president clinton in 1996. it says if a person is legally married in a state, the federal government can't recognize those marriages. that's where you talked about federal benefits heterosexual couples get and same sex couples do not. the prop 8 thing is bigger. while potentially it's confined to the state of california only, the question it out there having given the right to gay marriage could the state then take it away through proposition 8 passed by a majority of the vote nurse 2008. having taken that case, the court could get to the bedrock issue. can any state refuse to let same sex couples get married under the federal constitution. it could potentially be narrow or very far. >> pete, as i understand it, let me ask you. this one of these things, maybe the driving one, is defense of marriage act was about paying the estate act. where one of the two people said she didn't have to pay the estate tax because a married couple wouldn't have to. >> reporter: this is a case from new york. a woman named edie win
federal law signed into law by president clinton in 1996. it says if a person is legally married in a state, the federal government can't recognize those marriages. that's where you talked about federal benefits heterosexual couples get and same sex couples do not. the prop 8 thing is bigger. while potentially it's confined to the state of california only, the question it out there having given the right to gay marriage could the state then take it away through proposition 8 passed by a...
206
206
Dec 4, 2012
12/12
by
CNBC
tv
eye 206
favorite 0
quote 0
>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3% negative growth for two quarters and we'll go back with a slightly less than 2% growth rate for the entire. we're not going to get out of this without pain. anybody when thinks we'll get through the deficit problem without having to do some sacrificing is wrong. what this does in my view as a democrat is it distributes the burden of the pain fairly, that is, we go back to the clinton tax rates for everybody, not just for rich folks. and we had a good economy under bill clinton. we go back -- we get -- cuts in defense spending which we know is higher than it
>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3%...
203
203
Dec 7, 2012
12/12
by
CNBC
tv
eye 203
favorite 0
quote 0
nobody's dealt with it since bill clinton was president of the united states. there are a number of things we're going to have to do in order to meet our deficit. we're going to have to both raise taxes and cut spending. one of the areas we must cut spending is defense. there hasn't been serious cuts in defense in 30 years. the defense industry is well positioned. they have plants in something in over 300 districts. there's a lot of bipartisan defense spending. for example, the defense authorization bill that just passed yesterday in the senate gave the pentagon $17 billion more than they asked for. so to think that any industry or any taxpayer or any group of people who depend on government spending can be exempted from the serious problem that we have that's caused by this deficit is a mistake. everybody is going to have to pay for this. >> dawn, right or wrong, the defense industry has this reputation of being bloated, overcharging. are we at a point where we could afford to make cuts in defense spending to try and satisfy the needs of lowering the deficit i
nobody's dealt with it since bill clinton was president of the united states. there are a number of things we're going to have to do in order to meet our deficit. we're going to have to both raise taxes and cut spending. one of the areas we must cut spending is defense. there hasn't been serious cuts in defense in 30 years. the defense industry is well positioned. they have plants in something in over 300 districts. there's a lot of bipartisan defense spending. for example, the defense...
345
345
Dec 10, 2012
12/12
by
CNBC
tv
eye 345
favorite 0
quote 0
who better to talk about all of that than robert reich, former secretary of labor in the clinton administration and current economics professor at the university of california at berkeley. good to see you. thanks so much for joining us. >> how are you? >> let's talk about these numbers on friday, the surprisingly strong jobs numbers. 146,000 new jobs created. the unemployment rate dropping to 7.7%. we were expecting some impact from the super storm sandy in earlier thanksgiving. what do the numbers say about the economy? >> apparently we are still struggling. these are not hugely wonderful numbers but undoubtedly we're moving in the right direction. the early thanksgiving may have canceled out negative effects of sandy. sandy really did not have much of an effect in november. >> interesting -- do you think we'll see revisions next month? >> we probably will. every month we're seeing revisions and so far they have been downward. the revisions we saw friday for october and september, were both downward slightly. i wouldn't be surprised if we see downward revisions coming up. >>> the other big sto
who better to talk about all of that than robert reich, former secretary of labor in the clinton administration and current economics professor at the university of california at berkeley. good to see you. thanks so much for joining us. >> how are you? >> let's talk about these numbers on friday, the surprisingly strong jobs numbers. 146,000 new jobs created. the unemployment rate dropping to 7.7%. we were expecting some impact from the super storm sandy in earlier thanksgiving....
177
177
Dec 7, 2012
12/12
by
CNBC
tv
eye 177
favorite 0
quote 0
>> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there's been to counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> former presidential candidate and vermont governor howard dean says bring it on. going over the fiscal cliff will actually help america. he's going to make his case, very bold statement there, to someone whose company will be decimated by the spending cuts to defense companies. you do not want to miss this confrontation. ricans are alwayso work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> pretty clear apple stock is having
>> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then, there's been to counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow walk our economy right to the edge of the fiscal cliff. >> former presidential candidate and vermont governor howard dean says bring it on. going over the fiscal cliff will actually help america. he's going to make his case,...
186
186
Dec 5, 2012
12/12
by
CNBC
tv
eye 186
favorite 0
quote 0
they allow the marginal rates on earned income to go back to the clinton levels. in that proposal, as i understand it, dividends and cap gains rise modestly to 20%. i think anybody that's looked that the will tell you the mix of rates and deductions and tax treatment of dividends, capital gains now is unaffordable for the country. the current mix we have in current policy is unaffordable. we're going to have to alter that mix. we've laid out the best way we think to do that. if we did that, i think you'd see alongside sensible spending reforms. you'd see very good outcomes for the american economy. the american economy right now looks very resilient. the biggest thing that stands in the way of much significant strength in growth is this uncertainty about how to reach an agreement. >> what's the right rate for dividends and capital gains? >> in the senate bill, you see there's a proposal to let them go to 20. that's certainly one way to do it. ultimately, you have to look at the overall mix of tax treatment, investment income -- >> is there a number that's too high
they allow the marginal rates on earned income to go back to the clinton levels. in that proposal, as i understand it, dividends and cap gains rise modestly to 20%. i think anybody that's looked that the will tell you the mix of rates and deductions and tax treatment of dividends, capital gains now is unaffordable for the country. the current mix we have in current policy is unaffordable. we're going to have to alter that mix. we've laid out the best way we think to do that. if we did that, i...
148
148
Dec 5, 2012
12/12
by
CNBC
tv
eye 148
favorite 0
quote 0
bill clinton, number 50. no hillary clinton or not list. way down at number 65, below the colombian drug deale erdealer, . boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on this third term that he has figured out a way to have. he's a publisher. he's a 15th richest guy -- most powerful guy on our list, one of the richest men in the world. >> and a quick thought on ilan musk -- we've heard his name but he doesn't get a lot of attention. why is he in the top 70? >> when you think about the entrepreneurial ethos that forbes tries to represent, the people, places and companies that we try to describe an entrepreneurs in particular, here's a guy who founded paypal. here's a guy who's at the front of the tesla automobile. he's now moving cargo th
bill clinton, number 50. no hillary clinton or not list. way down at number 65, below the colombian drug deale erdealer, . boehner. boehner that low? >> it's remarkable. there is some subjectivity that goes with this but i think that's very interesting. the other folks that you mentioned. bloomberg fascinates me. >> bloomberg more power than bainer? really? >> i don't know about more power but think about the interesting position that bloomberg's in. he's got a year left on...
215
215
Dec 6, 2012
12/12
by
CNBC
tv
eye 215
favorite 0
quote 0
. >> they talk about the clinton tax rates and say how good the economy was under the clinton years, but it's not entirely clear that raising taxes is going to create a great economy this time around. >> thank you so much. we go from party line to the front lines on the impact of the fiscal cliff's mess. fedex ceo fred smith was among the ceos who met with the president yesterday. he's been outspoken on the issue of corporate taxes as well as jobs, making headlines saying it's a myth that raising tax rates will kill jobs. let's talk with fred smith right now in a cnbc exclusive about that and more. frank, good to have you on the program. welcome back. >> thank you very much, maria. always good to be here. >> good to see you again. let's start with the fiscal cliff issue. when it comes to higher taxes, you seem to disagree with house speaker boehner when he says raising taxes on the highest earners will hurt jobs. can you elaborate on that? >> i think what the speaker is saying quite correctly is you don't want to increase taxes on the job creators. the problem here is the 1986 act th
. >> they talk about the clinton tax rates and say how good the economy was under the clinton years, but it's not entirely clear that raising taxes is going to create a great economy this time around. >> thank you so much. we go from party line to the front lines on the impact of the fiscal cliff's mess. fedex ceo fred smith was among the ceos who met with the president yesterday. he's been outspoken on the issue of corporate taxes as well as jobs, making headlines saying it's a...
286
286
Dec 10, 2012
12/12
by
CNBC
tv
eye 286
favorite 0
quote 1
we always talk about the 1993 income tax of president clinton, and the top tax rate was 39.6%. threshold, $250 thud. so flash forward from 1993 to present, okay. well let me tell you something, there is this little thing called inflation. i know this might be nitpicking. but $250,000 today well, started out if you want to be apples to apples would be about $165,000 then. in other words, we are not adjusting even for inflation. so, if we're talking about $250,000 today being the same as then, we're wrong. it would be $165,000. so the point is, is that the difference between these two is $85,000. okay? is a 35% miss when it comes to being honest about it. oh, even worse let's take this. how many times, of course you've heard a million times, taxes on million favors and billionaires, even though, and i know this is adjusted, okay, but let's just keep it $250,000. well, 250 grand isn't a million. so it's off by 750-k over 1 million. okay? so, in essence, what we're doing is we're off on this one by 75%. we're off by 35% and 75%. so why am i doing this? because i'll tell you what, m
we always talk about the 1993 income tax of president clinton, and the top tax rate was 39.6%. threshold, $250 thud. so flash forward from 1993 to present, okay. well let me tell you something, there is this little thing called inflation. i know this might be nitpicking. but $250,000 today well, started out if you want to be apples to apples would be about $165,000 then. in other words, we are not adjusting even for inflation. so, if we're talking about $250,000 today being the same as then,...
178
178
Dec 4, 2012
12/12
by
CNBC
tv
eye 178
favorite 0
quote 0
try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me. you made a note in your morning note that we are stuck this in range until we get progress. >> look where we are, between 1400 on the downside you can and 1420 the upside. today, done absolutely nothing, at 1404, 1406 all day, not a lot of action, not a lot of activity at all. people just in this wait and see mode, right? more chatter out of washington. i think a lot of people expecting the interview with the president, hear what he had to same the market got weaker after spoke. >> down 18 point on the trading session now the volume disturbing now, because there is none. >> that just tells that you investors ar
try to do something a little bit more mainstream with a little bit more broad appeal, a la hillary clinton in her first couple of months up here on capitol hill. they don't expect her to focus entire loin the consumer financial protection bureau, for example. they think she would like a larger beach head on capitol hill and i think that is where this is going. >> thank you very much. take it down to sue at the nyse. >> i have kenny poll carry, independent trader at the nyse with me....
293
293
Dec 6, 2012
12/12
by
CNBC
tv
eye 293
favorite 0
quote 0
they may finds a compromise that isn't necessarily clinton era tax rates, something in between. but it looks like the makings of a deal. with every change on the republican side, more and more likely to happen than not. >> all right. we'll see about that. we'll be watching. obviously, very, very important for the markets. thanks. see you later. >>> let's get to bertha coombs. one company with big moves after the bell. over to you. >> maria, amarin is falling after the bell. some had suspected them to solicit a bid to buy itself out. it has a drug that's a fish oil drug that's prescription. they say they're hiring a sales staff and they still expect to present more details to the fda in february 2013. some disappointment, clearly, there. maria. >> thanks so much, bertha. we'll keep watching that. >>> up next, the stock market and america. steve liesman up next with surprising new results from the exclusive cnbc survey. >>> and then as the lawsuits fly over hewlett-packard's autonomy mess, i'll talk with the ceo of deloitte and their role in looking over the books. ally bank. why
they may finds a compromise that isn't necessarily clinton era tax rates, something in between. but it looks like the makings of a deal. with every change on the republican side, more and more likely to happen than not. >> all right. we'll see about that. we'll be watching. obviously, very, very important for the markets. thanks. see you later. >>> let's get to bertha coombs. one company with big moves after the bell. over to you. >> maria, amarin is falling after the bell....
46
46
Dec 6, 2012
12/12
by
CNBC
tv
eye 46
favorite 0
quote 0
when you look at the news today hillary clinton met with the russian foreign minister, syria's biggest ally is russia. if russia tells them you have to calm down they'll calm down. >> you think they're going lower. are you buying or selling oil slide? logon to futuresnow.cnbc.com and vote in our poll, we'll give you the results on our website and while there catch today's show, we have investment guru curtis arlidge of bny mellon and tune in to that and doug cass will reveal how he's playing apple's wild ride today at 1:00 p.m. futuresnow.cnbc.com. >> see you at the top of the hour on cnbc.com. >>> coming up halftime fund managers doing fancy trading to give portfolios a temporary boost and are you, the investor, left holding the bag? jpmorgan's tom lee on track to hit his 2012 s&p target, we'll ask him what's next for the market own your money when halftime comes back. o o. >>> welcome back. will quarter end she nan ganz be hurting your money? some portfolio managers are bidding up stocks the second before a quarter ends, those stocks see temporary pops and the managers can point to b
when you look at the news today hillary clinton met with the russian foreign minister, syria's biggest ally is russia. if russia tells them you have to calm down they'll calm down. >> you think they're going lower. are you buying or selling oil slide? logon to futuresnow.cnbc.com and vote in our poll, we'll give you the results on our website and while there catch today's show, we have investment guru curtis arlidge of bny mellon and tune in to that and doug cass will reveal how he's...
83
83
Dec 7, 2012
12/12
by
CNBC
tv
eye 83
favorite 0
quote 0
. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for what is behind this stalemate. she says republicans simply echoing the white house are going to have to buckle on the issue of the top rates. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> but tyler, as you suggested, this is all a work in progress. the thing we cannot see that is not visible to the public or to the press is what's going on behind the scenes. staff discussions resumed yesterday. don't know how fruitful. i haven't gotten much of a signal from people on either side that a deal is close, but they're work rg at it and sometimes these situations can tur
. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for what is behind this stalemate. she says republicans...
210
210
Dec 6, 2012
12/12
by
CNBC
tv
eye 210
favorite 0
quote 0
want to ask you, one of the parts of the red line statement by president obama and secretary of state clinton, that if there was movement of any chemical weapons of mass destruction, movement -- now, as i listen to what you're saying, there hasn't been movement. it looks like they're getting ready where they are, but they haven't moved yet, so maybe they haven't violated the red line exactly. >> that's right, larry. they've got everything in place to do that. but what are the possibilities here? u.s. military officials say it would be very difficult to target certain areas. there are possibilities if they're going to load them on the planes. they could use cruise missiles to attack airstrips, for example. they can't blow up the weapons sites themselves, otherwise then the deadly gases could be spread among the public and kill thousands. the only other option according to some people that i've been talking to over the past couple of days is possibly take those cruise missiles and aim them not only at the airport strips, but at regime targets. even perhaps president assad himself. but so far, w
want to ask you, one of the parts of the red line statement by president obama and secretary of state clinton, that if there was movement of any chemical weapons of mass destruction, movement -- now, as i listen to what you're saying, there hasn't been movement. it looks like they're getting ready where they are, but they haven't moved yet, so maybe they haven't violated the red line exactly. >> that's right, larry. they've got everything in place to do that. but what are the...
291
291
Dec 6, 2012
12/12
by
CNBC
tv
eye 291
favorite 0
quote 0
you can't return to clinton prosperity only raising taxes on 2%. it's different for all taxpayers. am i right? >> you're almost entirely wrong. >> why would raising just on the 2% get us back to the clinton prosperity you're talking about? we can't return to the spending levels either. >> getting to a sound fiscal position is necessary to protect the economy. if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. then the question is how you get there, and the president believes that we should raise revenues with a tax system that has been proven in the past to go along with very substantial -- >> you can't conflate the two. you have the entire -- >> joe, joe, if you go back to this, i'm not sure what you're arguing. >> raising on 2% is different than the other structure. >> the reason it's different is that the tax rate on everybody else is going to be lower. >> right. so you don't have nearly as much money to balance the budget in the '90s. >> many other things have changed in the interim and we have set as a framework a
you can't return to clinton prosperity only raising taxes on 2%. it's different for all taxpayers. am i right? >> you're almost entirely wrong. >> why would raising just on the 2% get us back to the clinton prosperity you're talking about? we can't return to the spending levels either. >> getting to a sound fiscal position is necessary to protect the economy. if we don't do that, as this economy recovers, that recovery is going to be aborted and that's going to do damage. then...
270
270
Dec 10, 2012
12/12
by
CNBC
tv
eye 270
favorite 0
quote 1
the real core of what clinton had was they cut spending. their percentage of spending to gdp was so much less, and that's where they got out of it. that agreement in '97 cut taxes and cut spending, which spurred growth. and we need a pro-growth economy. that's how we're going to get out of this mess. what we're talking about today, of just raising the taxes, does not solve the problem. i don't see it passing the house. now, republicans have not sat back. we've put revenue on the table. but the president has always said it has to be a balanced approach. >> if you can choose, if you could choose, what's -- i mean we've heard -- we've heard from their side, from the other side, and i'm talking about from your viewpoint, secretary geithner. >> yes. >> has said, we -- if we don't get the 2% -- if we don't get the rise on rates on the 2% we'll go over the fiscal cliff. in your view would it be better to go over the fiscal cliff than to get the back to the clinton rates on the high end? >> i think the best thing we don't go over the fiscal cliff.
the real core of what clinton had was they cut spending. their percentage of spending to gdp was so much less, and that's where they got out of it. that agreement in '97 cut taxes and cut spending, which spurred growth. and we need a pro-growth economy. that's how we're going to get out of this mess. what we're talking about today, of just raising the taxes, does not solve the problem. i don't see it passing the house. now, republicans have not sat back. we've put revenue on the table. but the...
324
324
Dec 3, 2012
12/12
by
CNBC
tv
eye 324
favorite 0
quote 1
the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of what i did and what my colleagues did over the last several months and we need congressional hearings that will set the stage for tax reforms, social security reform and the president needs to negotiate privately and have discussions with congressional leaders of both parties privately. those three things can get us to the promt promise land. and without all three of those, we're in trouble. >> but, david, that is exactly what was supposed to happen between july of 2011 and today. and guess what? none of it has happened. none of it. we're having the same conversation. >> you know what? >> only the president c
the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of...
151
151
Dec 5, 2012
12/12
by
CNBC
tv
eye 151
favorite 0
quote 0
it's a simple question, as president clinton said, of arithmetic. arithmetic. you can't get from here to there unless you raise the rates. >> so guys, that's where we are as of this morning, and now what everyone's waiting for is which side will make a concrete proposal here that actually includes some concessions? back to you. >> joining us from washington, d.c., jake sherman, congressional reporter for politico. who is going to make some honest concessions first? >> what eamon said is absolutely right. this comes down to one thing, whether republicans are willing to raise marginal income tax rates on americans. they're saying they're willing to raise revenue, but president obama has one criteria in this debate and that's raising income rates on all americans. right now, the sides are in their two corners on this and nobody is moving. so we're really only a couple weeks out and there's this huge gap, and eamon was right in another aspect. there is this brush fire of conservative lawmakers who don't want to raise revenue at all. so this is a huge problem for sp
it's a simple question, as president clinton said, of arithmetic. arithmetic. you can't get from here to there unless you raise the rates. >> so guys, that's where we are as of this morning, and now what everyone's waiting for is which side will make a concrete proposal here that actually includes some concessions? back to you. >> joining us from washington, d.c., jake sherman, congressional reporter for politico. who is going to make some honest concessions first? >> what...
248
248
Dec 4, 2012
12/12
by
CNBC
tv
eye 248
favorite 0
quote 1
and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat open across the board. as for europe, movement there. the buyback of greek debt will in fact work. we're seeing just fractions of a percent in terms of changes there. our road map this morning starts with the latest in the fiscal cliff negotiations. the white house promptly rebuffs the gop counterproposal which calls for $800 billion in new tax revenue but without tax rate increases for the wealthy. could this tax issue deadlock the talks? >>> bank of america ceo warns the cliff must get stalled or the economy could be stifled well into 2014. >>> even more dividends pushed into 2012. coach, american eagle moving up and
and then could be bush versus clinton again. >> governor, thank you very much. appreciate your time. >> honor to be with you. >> right now it's time for "squawk on the street." ♪ >> good tuesday morning. welcome to "squawk on the street." i'm melissa lee with carl quintanilla, jim cramer and david faber. we're live from post 9 at the new york stock exchange. a vacuum here in terms of u.s. economic data. none on top today. we're looking at a flat...
266
266
Dec 7, 2012
12/12
by
CNBC
tv
eye 266
favorite 0
quote 0
four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion-dollar deficits for as far as the eye can see. listen. washington's got a spending problem, not a revenue problem. if the president doesn't agree with our proposal, i believe that he's got an obligation to families and small businesses to offer a plan of his own, a plan that can pass both chambers of the congress. we're ready and eager to talk to the pretty about such a plan. >> speaker, you did speak with the pretsident earlier this wee. can you talk about that call? also we understand that he's making clear that it's got to be increasing rates for the wealthy or no deal
four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would...
202
202
Dec 5, 2012
12/12
by
CNBC
tv
eye 202
favorite 0
quote 0
to go back to the clinton era rates. you get rid of three quarters of the deficit just on tax increases at that point. >> and he says you get defense cuts. >> you can't get defense cuts any other way. and he's not the only one. there's a lot of people on the left and there's quite a few people on the right. i'm glad you're optimistic and a lot of ceos and guys in your position -- if you run a company, you don't need consumers petrified and business people petrified. this is the last thing we need if you run a company. i understand you have a horse in the game. >> but you also have the double trigger. if you go over the cliff, we've got the debt ceiling fight right afterwards. it's not like that's six months down the line. that's in if first month, six weeks of the new year. >> the other thing, depending on where you stand, the idea that we just get rid of congressional approval of the debt ceiling at all, which is that ludicrous proposal that was in the president's plan. that's not -- and would you really want that? woul
to go back to the clinton era rates. you get rid of three quarters of the deficit just on tax increases at that point. >> and he says you get defense cuts. >> you can't get defense cuts any other way. and he's not the only one. there's a lot of people on the left and there's quite a few people on the right. i'm glad you're optimistic and a lot of ceos and guys in your position -- if you run a company, you don't need consumers petrified and business people petrified. this is the last...
78
78
tv
eye 78
favorite 0
quote 0
secretary clinton has done that twice on her current trip. secretary clinton will be meeting with the russian foreign minister and the u.n. mediator in syria today in brevlin. >> let's talk about those meetings. >> you can be sure that this issue of chemical weapons will be at the top of the list. >> no question about that. what are the options there? what can the international community do at this point if, in fact, they are already in a position where they're loading these components on to the weapons? >> well, one is this public message from the united states, from the nato secretary general and from the russians. the syrian government, including assad personally, will be held accountable. second is perhaps to see if the russians can use their influence. they're the big egest arms supplier to syria, the biggest ally that syria has, to dissuade the syrians from letting this chemical weapons loose or using them against the rebel alliance. if assad should fall and there's a chaotic period of time where no one is in charge of the government in
secretary clinton has done that twice on her current trip. secretary clinton will be meeting with the russian foreign minister and the u.n. mediator in syria today in brevlin. >> let's talk about those meetings. >> you can be sure that this issue of chemical weapons will be at the top of the list. >> no question about that. what are the options there? what can the international community do at this point if, in fact, they are already in a position where they're loading these...
92
92
tv
eye 92
favorite 0
quote 0
plus, hillary clinton in 2016. some stunning numbers about the ground work and john mcafee on the run as his neighbor is found murdered. our martin savidge went on the hunt, tracked him down. he's "outfront." uff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. [ ding! ] losing your chex mix too easily? time to deploy the boring-potato chip decoy bag. then no one will want to steal the deliciousness. [ male announcer ] with a variety of tastes and textures, only chex mix is a bag of interesting. [ male announcer ] with a variety of tastes and textures, why they have a raise your rate cd. tonight our guest, thom
plus, hillary clinton in 2016. some stunning numbers about the ground work and john mcafee on the run as his neighbor is found murdered. our martin savidge went on the hunt, tracked him down. he's "outfront." uff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's...
35
35
tv
eye 35
favorite 0
quote 0
plus, hillary clinton in 2016. some stunning numbers about the ground work and john mcafee on the run as his neighbor is found murdered. our martin savidge went on the hunt, tracked him down. he's "outfront." e emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. get to holiday fun faster energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our
plus, hillary clinton in 2016. some stunning numbers about the ground work and john mcafee on the run as his neighbor is found murdered. our martin savidge went on the hunt, tracked him down. he's "outfront." e emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the...
67
67
tv
eye 67
favorite 0
quote 0
even bill clinton agrees. here's what he said at a conference i saw him at back in may. >> i think you could tax me at 100% and you wouldn't balance the budget. we're all going to have to contribute to this and if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting pot? "outfront" republican congressman james lankford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. appreciate you're taking the time. what about this idea of racinin taxes on everyone? the math works much better. >> i heard your lead in when you said this is a new idea. actually, it's not a new idea, there are several democrats who have floated that for a while. the code word is we want to go back to the clinton tax rates and talk about the clinton economy that we had a much more vigorous econo
even bill clinton agrees. here's what he said at a conference i saw him at back in may. >> i think you could tax me at 100% and you wouldn't balance the budget. we're all going to have to contribute to this and if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting pot? "outfront" republican...
62
62
tv
eye 62
favorite 0
quote 0
even bill clinton aagrees. here's what he said at a conference back in may. >> i think you could tax me at 100%, and you wouldn't balance the budget. we are all going to have to contribute to this. if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates that were there when i was predz. >> with now break through today and the fiscal cliff negotiations, is this a starting point? "outfront" republican congressman james langford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. good to see you, sir. appreciate you taking the time. what about this idea of raising taxes on everyone? the math actually in this case is much more promising. it works much better. >> right. i heard your lead-in on it, and you said this is a new idea floated by howard dean. ints a new idea. several democrats have floated that a while. the code word is going back to the cli
even bill clinton aagrees. here's what he said at a conference back in may. >> i think you could tax me at 100%, and you wouldn't balance the budget. we are all going to have to contribute to this. if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates that were there when i was predz. >> with now break through today and the fiscal cliff negotiations, is this a starting point?...
139
139
tv
eye 139
favorite 0
quote 1
barack obama won, so they liked hillary clinton. if hillary clinton had won in 2008, you would hear lots of republicans saying, none of this would be happening if that idealistic barack obama had won instead. if hillary clinton is the nominee in 2016, this will be an election decided by three or four percentage points. it will not be a 57/30 election. >> it always tightens. i'm curious about the other side since you're talking about 2008. marco rubio and paul ryan both spoke at this dinner and they were -- these were speeches where they're trying to define themselves as who they are. both probably going to run in 2016. how would a rubio/ryan stack up against a hillary clinton? in a sense it sort of feels like 2008 reversed, right, except for experience would come on the democratic side with hillary and the youth and this sort of idealism might perhaps come from a rubio or ryan on the republican side? >> well, if i look at that poll you were referring to, hillary clinton is the overwhelming favorite among young people, especially you
barack obama won, so they liked hillary clinton. if hillary clinton had won in 2008, you would hear lots of republicans saying, none of this would be happening if that idealistic barack obama had won instead. if hillary clinton is the nominee in 2016, this will be an election decided by three or four percentage points. it will not be a 57/30 election. >> it always tightens. i'm curious about the other side since you're talking about 2008. marco rubio and paul ryan both spoke at this...
50
50
tv
eye 50
favorite 0
quote 0
i'm not saying they'd do every detail. >> so was gingrich and clinton. >> and clinton and gingrich evolved into that kind of relationship. and i must say the president has done a poor job. he did a poor job last year and he's done a poor job this year. two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't heard from democrats in the senate. i'm going to guarantee you that the democrats in the senate are going to be split on this business of who's rich and what the right tax rates are going to be. >> i have to leave it there, chaps. nick, larry, thank you both much, indeed. >>> coming up next, kerry kennedy joins me about fame, politics and most important of all, taylor swift. like a lot of thin
i'm not saying they'd do every detail. >> so was gingrich and clinton. >> and clinton and gingrich evolved into that kind of relationship. and i must say the president has done a poor job. he did a poor job last year and he's done a poor job this year. two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a...
71
71
tv
eye 71
favorite 0
quote 0
. >> secretary of state clinton's concern as nbc reports that syria is developing gas. joining us welcome to you both. this is pretty serious. you have been in syria. is it actually news. or are the pentagon briefing this is a reality? i noticed that cnn reported something similar. there seem to be more reports that chemicals for nerve gas are being united. >> there is i lot of reporting now and i don't know near as much as nick does on this topic. that they kcame in. i asked him during our show, was there any movement of these weapons, because i agree with what nick said, they have been there, was there movement because it would be dangerous. i said no, not yet. movement i think implies that we are going to send aircraft into hit them. >> if he tries to use chemical weapons on his people it will do somethi something. >> i don't think we are being duped now. there is a big difference between now and 2003. >> i don't think we have any idea. they are not going to be helpful now. it is hard to see how they would advance his cause. he is clearly not a stupid man. >> if you
. >> secretary of state clinton's concern as nbc reports that syria is developing gas. joining us welcome to you both. this is pretty serious. you have been in syria. is it actually news. or are the pentagon briefing this is a reality? i noticed that cnn reported something similar. there seem to be more reports that chemicals for nerve gas are being united. >> there is i lot of reporting now and i don't know near as much as nick does on this topic. that they kcame in. i asked him...
83
83
Dec 10, 2012
12/12
by
CNN
tv
eye 83
favorite 0
quote 0
take a listen. >> if their competitor in '16 is going to be hillary clinton supported by bill clinton and presumably a still relatively popular barack obama, trying to win that will be truly the super bowl, and the republican party today is incapable of competing at that level. >> let's talk about this with cnn contributors l.z. granderson and will cain. agree or disagree on gingrich's assessment? >> gingrich sounds like a detroit lions fan. he's so pessimistic heading into the super bowl. i tend to agree. i think a the lot of people i've spoken to inside the administration as well as just kind of political wonks like us, we all think that hillary is going to run and she's going to be an incredible candidate to try to defeat. with that being said, 2016 is a long ways away. we need to get through 2014. we need to get through the fiscal cliff first. i think we're getting ahead of ourselves by saying she's unbeatable, but she's certainly formidable if she decides to run. >> point out that hillary clinton at every step says she's not running. we'll go ahead and talk about it anyway. will,
take a listen. >> if their competitor in '16 is going to be hillary clinton supported by bill clinton and presumably a still relatively popular barack obama, trying to win that will be truly the super bowl, and the republican party today is incapable of competing at that level. >> let's talk about this with cnn contributors l.z. granderson and will cain. agree or disagree on gingrich's assessment? >> gingrich sounds like a detroit lions fan. he's so pessimistic heading into...
73
73
tv
eye 73
favorite 0
quote 0
the hillary clinton for press pass. perhaps they could reissue these if she decides to run again in 2016. >> she was the favorite then, she lost out to a relative i unknown junior senator from illinois. we'll see what happens the next time around. >> if she runs. >> that shows you how unpredictable these things could be. even though she would be the favorite. you never know what might happen. >> i think if she writes a book, does a few speeches, enjoys herself a little bit, i think she will say i'd like to be the first woman president. >>> security is being tightened at the hospital where katherine is being treated for acute morning sickness after her privacy was invaded by a prank call from australia. i'm joined now by cnn's royal correspondent max foster. >> it's extraordinary. it's very simple. a couple radio presenters from australia, jokers on a comedy show, rang up the hospital, pretended to be the queen and prince charles and asked to be put through to the ward. just have a listen to the accents here, they're not
the hillary clinton for press pass. perhaps they could reissue these if she decides to run again in 2016. >> she was the favorite then, she lost out to a relative i unknown junior senator from illinois. we'll see what happens the next time around. >> if she runs. >> that shows you how unpredictable these things could be. even though she would be the favorite. you never know what might happen. >> i think if she writes a book, does a few speeches, enjoys herself a little...
60
60
tv
eye 60
favorite 0
quote 0
saying, point-blank, they want a it would two-step process for tax reform, raise the top 2% to the clinton levels now. and let next year be a time for negotiating rates for the future and maybe everybody could lower the rates for everyone during that time. >> dana, how much of this do you think is just public posturing and kind of bloviating on cable channels? it does seem like there's a lot of that going on. >> reporter: so much of that is public posturing and bloviating. but i think the difference between now and what we've seen in past high-stakes negotiations like this, you have the public posturing, the bloviating and the, okay, guys, let's roll up our sleeves and talk about what's really going on. by all accounts, that's not happening right now. just like you said, the fact you said it's news the president and speaker had their first phone conversation which got nowhere in a week is really amazing. and it speaks to the lack of the real conversations going on behind the scenes. i will say that, you know, back to what david and jessica were saying, david particularly, about the fact th
saying, point-blank, they want a it would two-step process for tax reform, raise the top 2% to the clinton levels now. and let next year be a time for negotiating rates for the future and maybe everybody could lower the rates for everyone during that time. >> dana, how much of this do you think is just public posturing and kind of bloviating on cable channels? it does seem like there's a lot of that going on. >> reporter: so much of that is public posturing and bloviating. but i...
64
64
Dec 10, 2012
12/12
by
CNN
tv
eye 64
favorite 0
quote 0
. >> the short list to succeed secretary of state, hillary clinton, susan rice is thought to be a leading contender, but some republicans have been highly critical of rice following the attack on the u.s. consulate in libya. >> when they go after the u.n. ambassador because they think she is an easy target, then they have a problem. >> senator mccain? >> thank you very much, mr. secretary. >> senator john mccain jokingly gave the nomination to john kerry. >> i think john kerry would be an excellent appointment and would be easily confirmed by his colleagues. >> he is listed also to replace leon pennetta. senior democrats say ashton carter is on the list and former nebraska senator, a republican, could represent a reach across the aisle. >> we are in a stronger position today as a country than we were in '07. >> tim geithner said he will stay at his post until inauguration. and the chief of staff is often named as a potential replacement. a poll asked if he thought president obama would pick good cabinet members. 58% said they thought he would. >> the u.s. military wants its people to be i
. >> the short list to succeed secretary of state, hillary clinton, susan rice is thought to be a leading contender, but some republicans have been highly critical of rice following the attack on the u.s. consulate in libya. >> when they go after the u.n. ambassador because they think she is an easy target, then they have a problem. >> senator mccain? >> thank you very much, mr. secretary. >> senator john mccain jokingly gave the nomination to john kerry. >>...
81
81
Dec 10, 2012
12/12
by
CNN
tv
eye 81
favorite 0
quote 0
. >> reporter: the likely short list to succeed secretary of state hillary clinton, is also politically charged. susan rice is thought to be a leading contender, but some republicans have been highly critical of rice following the attack on the u.s. consulate in libya. >> when they go after the u.n. ambassador, apparently because they think she's an easy target, then they've got a problem with me. >> senator mccain? >> thank you very much, mr. secretary. >> senator john mccain jokingly gave the cabinet post nod to democrat john kerry, the senate foreign relations committee chairman. >> i think john kerry would be an excellent appointment and would be easily confirmed by his colleagues. >> kerry is also list as a potential defense secretary to replace leon panetta. it's a list that includes michelle flornoy. and former nebraska senator, chuck hagel, a republican, could represent a teach across the aisle. >> we are in a stronger position today as a country than we were in '08. >> reporter: treasury secretary tim geithner said he will stay at his post at least until inauguration. and the c
. >> reporter: the likely short list to succeed secretary of state hillary clinton, is also politically charged. susan rice is thought to be a leading contender, but some republicans have been highly critical of rice following the attack on the u.s. consulate in libya. >> when they go after the u.n. ambassador, apparently because they think she's an easy target, then they've got a problem with me. >> senator mccain? >> thank you very much, mr. secretary. >> senator...
67
67
tv
eye 67
favorite 0
quote 0
she was with mandela who she calls the greatest statesman in the world when clinton was going through the crisis with monica lewinsky. kati writes, what is it with these americans? we like our men to be very ill. >> it's amazing she's being so frank and honest. i think a lot of people will connect. >> "paris: a love story." >>> we're talking about lady ga gaga. a tweet from her is causing a social media frenzy. but first what's coming up at the bottom of the hour on "sanjay gupta md." >> susan, i'm going to be talking with frankie mun easy, he's only 27 years old. >>> hoarding, those people who find themselves overwhelmed by clutter. all of this coming up at 7:30 a.m. eastern. me -- we're gonna save you money. with straight talk at walmart, you get unlimited talk, text and data for only $45 a month per phone. would we get the same coverage? same coverage on america's best networks. you saved $146.76 by switching to straight talk. awesome! now you can afford to share your allowance with me. get the season's hottest smartphones like the samsung galaxy s2 and get straight talk with unlim
she was with mandela who she calls the greatest statesman in the world when clinton was going through the crisis with monica lewinsky. kati writes, what is it with these americans? we like our men to be very ill. >> it's amazing she's being so frank and honest. i think a lot of people will connect. >> "paris: a love story." >>> we're talking about lady ga gaga. a tweet from her is causing a social media frenzy. but first what's coming up at the bottom of the hour...
62
62
tv
eye 62
favorite 0
quote 0
they met with george clinton and george w. bush but the piece is really coming to grips with the challenges of parenthood. quote, if tyler felt alienate and alone, it's because we failed to acknowledge and accept his difference. i was so fe focused on the conceit that my son would be like kevin costner's >> good answer. >> once rerealized that tyler was dealing with something bigger than ourselves,s asberger's syndrome. we were exploring one of the historical sites. the idea was to give him a place where he could practice what he had been learning in school about social clues and we were apt to spend more time with him. >> you must have wrestled with what to put in, what to take out. >> once i got back from these two very remarkable trips. my first draft was what you would expect out of me, it was a very political story. what i had learned from the presidents i had covered. i had a really good publisher, who sat me down in his office and said how did it make you feel when tyler looked at you at the white house and said i hope
they met with george clinton and george w. bush but the piece is really coming to grips with the challenges of parenthood. quote, if tyler felt alienate and alone, it's because we failed to acknowledge and accept his difference. i was so fe focused on the conceit that my son would be like kevin costner's >> good answer. >> once rerealized that tyler was dealing with something bigger than ourselves,s asberger's syndrome. we were exploring one of the historical sites. the idea was to...
86
86
tv
eye 86
favorite 0
quote 0
and tuesday, a big day for secretary of state hillary clinton, who travels to morocco. three days of talks with governments on how to end bloodshed in syria. more than 40,000 have died, including children, as owe now. and wednesday, the pope is tweeting, go on twitter to catch his first tweet from his personal account. the hope has managed to get nearly 600,000 followers in the last week. and on friday, person of the year, "time" is naming them. last year it was the protester that was picked. "time" is a sister company of cnn, and on saturday, egyptians vote. catch it live here on cnn. there you have it, a busy week ahead. it seems like whatever she does cases a stir, and now a tweet is causing a social media frenzy. take a look at your gas prices. the price fell a penny. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. [ tylenol
and tuesday, a big day for secretary of state hillary clinton, who travels to morocco. three days of talks with governments on how to end bloodshed in syria. more than 40,000 have died, including children, as owe now. and wednesday, the pope is tweeting, go on twitter to catch his first tweet from his personal account. the hope has managed to get nearly 600,000 followers in the last week. and on friday, person of the year, "time" is naming them. last year it was the protester that was...
230
230
tv
eye 230
favorite 0
quote 1
clinton, hillary clinton will head to morocco. that's bag day. three days of talks with government on how to end bloodshed in syria. more than 40 thousand syrians have died in the 21-month conflict as you know. on wednesday go on twitter to catch the pope's first tweet from his personal account. we're going to answer questions about faith. there you go. you can actually follow the pope on twitter. in less than a week he's managed to get 600,000 followers. very popular guy. friday, time's person of the year. that's a big day. you may remember the protester was chosen. and on saturday, there we go, a potentially pivotal moment for the nation. indication the latest on it right here on cnn. there you have it. >>> thrn mooing south african leader nelson man doula is president. jacob zuma assures there's no cause for alarm but people are certainly wired about his health. we're joined from south africa. great to talk with you. what do we know in terms of nelson mandela's health? we're learning that he's going three extensive testing, is that right? the
clinton, hillary clinton will head to morocco. that's bag day. three days of talks with government on how to end bloodshed in syria. more than 40 thousand syrians have died in the 21-month conflict as you know. on wednesday go on twitter to catch the pope's first tweet from his personal account. we're going to answer questions about faith. there you go. you can actually follow the pope on twitter. in less than a week he's managed to get 600,000 followers. very popular guy. friday, time's person...
62
62
tv
eye 62
favorite 0
quote 0
the president's been very careful not to say we have to go up to the clinton-era 39.6%. he hasn't used that number. and so he's -- you know -- >> right now it's 35%. >> right now it's 35%. so if you look in the middle, okay, 37% is a real possibility. but here's the caveat. john boehner, the house speaker, cannot take a rate increase to his caucus unless it is accompanied by some signal of real entitlement cuts. something that they do now and give a down payment on for the future. i don't think you get -- could get rates through unless the president gave a little bit. and if you look at the document from the grand bargain back in july of 2011, the president was willing to give on that. so we'll have to see if they can get back to that. but again, has to be one significant item that they know they'll be able to build upon in the future. an item from both sides. >> neither side's going to be thrilled. but they've got to compromise. >> that's the way life usually works, doesn't it? >> certainly does. thank you. >>> meanwhile, huge announcement today on capitol hill. the con
the president's been very careful not to say we have to go up to the clinton-era 39.6%. he hasn't used that number. and so he's -- you know -- >> right now it's 35%. >> right now it's 35%. so if you look in the middle, okay, 37% is a real possibility. but here's the caveat. john boehner, the house speaker, cannot take a rate increase to his caucus unless it is accompanied by some signal of real entitlement cuts. something that they do now and give a down payment on for the future. i...
64
64
tv
eye 64
favorite 0
quote 0
secretary of state hillary clinton meeting today with the u.s. special envoy and russia's foreign minister. sources say the focus of the talks is formulating a plan on how to move forward with the crisis in syria. clinton noted growing concerns that the president may use chemical whelms eapons on his o people. >>> more than 330 people are dead in the philippines after a typhoon. >>> proof that we can sure light up the night sky. new video released by nasa. you can see the city lights from around the globe. it's so awesome. it took nine days for a satellite to capture these images. it needed 312 trips around the earth to take all of the approxima pictures. they were mapped over existing imagery of the earth to make this one impressive view. wow. >>> zynga, the game company that makes farmville wants to dabble in real money. online gambling. it filed an application for a gaming license in nevada. the only state that currently allows it. it could help zynga make up for lost revenue from other games. >>> it will take years for new jersey to recover f
secretary of state hillary clinton meeting today with the u.s. special envoy and russia's foreign minister. sources say the focus of the talks is formulating a plan on how to move forward with the crisis in syria. clinton noted growing concerns that the president may use chemical whelms eapons on his o people. >>> more than 330 people are dead in the philippines after a typhoon. >>> proof that we can sure light up the night sky. new video released by nasa. you can see the city...
117
117
tv
eye 117
favorite 0
quote 0
say that the republicans and i think at the end of the day, they probably will give bill clinton, barack obama his tax increase on the rich, but you know what? we go into 2013 with still a trillion dollar deficit and the question i ask you two and president obama if he were on the show, what's act two? what do we do next? >> you do agree with stephen on one thing and that is that there is some work to be done on inefficient spending? >> the best funding program we have in the government is social security. health care. for every dollar, the other three modern countries spend per capita in other dollar, we spend $2.64 and still have 50 million people without insurance. if we could get france's health care system, widely regarded as the best in the world, we could eliminate 40% of income taxes and still have the same deficit. if you look at the federal budget numbers, the budget is coming way down. the economy is improving. higher tacks allow us to create jobs where people are investing in things that make commerce work better. all private wealth is built on a foundation of commonwealth. i
say that the republicans and i think at the end of the day, they probably will give bill clinton, barack obama his tax increase on the rich, but you know what? we go into 2013 with still a trillion dollar deficit and the question i ask you two and president obama if he were on the show, what's act two? what do we do next? >> you do agree with stephen on one thing and that is that there is some work to be done on inefficient spending? >> the best funding program we have in the...
88
88
tv
eye 88
favorite 0
quote 0
there are actually two meetings between secretary clinton and the foreign minister. and you know, russia actually does -- this is one area where they do agree. russia is very much opposed to any type of use of chemical weapons and in fact secretary clinton thanked him for speaking about that which she did in brussels just yesterday, talking about that. although, brooke, you know, you have to say that the russians next breath say that they have raised that issue, in fact, with bashar al assad. the president of syria. and he assures them that there's no use intended and it is not a problem and, so, you kind of have two messages coming from the russians but you would have to say they're very much opposed to that and a lot of concern. >> so do they then -- do the russians believe assad when he assures them that he won't? and, are there new sign that is the russians might be waivering in their support of assad? >> reporter: you know, it's thoohard to say whether they believe it. you have to say at least on the surface they're saying we are taking him at his word that he w
there are actually two meetings between secretary clinton and the foreign minister. and you know, russia actually does -- this is one area where they do agree. russia is very much opposed to any type of use of chemical weapons and in fact secretary clinton thanked him for speaking about that which she did in brussels just yesterday, talking about that. although, brooke, you know, you have to say that the russians next breath say that they have raised that issue, in fact, with bashar al assad....
171
171
Dec 10, 2012
12/12
by
CNN
tv
eye 171
favorite 0
quote 0
here's what he said. >> if their competitor in '16 is hillary clinton, supported by bill clinton and presumably still relatively popular president barack obama, trying to win that will truly be the super bowl and the republican party today is incapable of competing at that level. >> that's a strong statement, but not entirely inaccurate. she will be a formidable candidate if the economy is improving and they get a budget deal. look, three times in a row, very rare, george bush, ronald reagan, last time it happened. nothing is given, but given the demog r demography, her appeal would be formidable. >> the republican party in four years, hopefully more competitive. governors getting their sfripz. marco rubbo and paul ryan, reframing the republican party. is it possible there could be a new republican party in four years? i certainly hope so. we'll see. >> i have been waiting for this all along. newt gingrich, saying hillary clinton formidable. my god. >> i believe hell has frozen over and cats and dogs now getting together. >> i want hillary to run. i'm excited. >> still ahead, on "sta
here's what he said. >> if their competitor in '16 is hillary clinton, supported by bill clinton and presumably still relatively popular president barack obama, trying to win that will truly be the super bowl and the republican party today is incapable of competing at that level. >> that's a strong statement, but not entirely inaccurate. she will be a formidable candidate if the economy is improving and they get a budget deal. look, three times in a row, very rare, george bush,...
71
71
tv
eye 71
favorite 0
quote 0
secretary of state hillary clinton will attend a meeting where most attending countries already see the rebels in syria as a legitimate representative of the people. shelling and street fighting killed more than 130 people on one day alone this weekend. syrian rebel fighters now have control of the country's biggest city, aleppo. the people there have something new to fear now, something as frightening as civil war. cnn's arwa damon is there. >> reporter: crammed inside a tiny two-room home, the adults say they can handle the hunger. it's the children they worry about. there are 13 of them. as relatives moved in together after one family's home was destroyed. when we asked the kids what they ate today, the response is, nothing. mohammad, father before half the children here, tells us, "today i sent my brother to get bread at 6:00 a.m. look, it's 3:00 p.m. right now, and he hasn't gotten any. the kids haven't eaten." the power is out, as it has been for weeks. now the water is cut as well. there is a growing sense of desperation among people here. stalked by both hunger and danger. "god
secretary of state hillary clinton will attend a meeting where most attending countries already see the rebels in syria as a legitimate representative of the people. shelling and street fighting killed more than 130 people on one day alone this weekend. syrian rebel fighters now have control of the country's biggest city, aleppo. the people there have something new to fear now, something as frightening as civil war. cnn's arwa damon is there. >> reporter: crammed inside a tiny two-room...
62
62
tv
eye 62
favorite 0
quote 0
. >>> secretary of state hillary clinton is leading a new u.s. diplomatic push on syria holding talks in dublin, ireland, today. let me begin with you. including this distressing nbc news report, what and how much do we know about al assad's movements at this point? >> reporter: there have been concerns for months. the u.s. reiterated for quite some time if assad did anything with those chemical weapons and utilize them in any way, theat would be a red line that brought on consequences. there's not concern that bashar al assad might iutilize them against his own people but if weapons are still there terrorists could get hands on weapons and utilize those chemical weapons. you have this nbc news report. also on monday important to remind our viewers, cnn reported that they had word from u.s. officials that in fact syria had begun mixing chemical weapons and that would be done to create sarin for weapons in the future. they say there was no sign that the syrian officials were going to do anything with those weapons any time soon. important to remem
. >>> secretary of state hillary clinton is leading a new u.s. diplomatic push on syria holding talks in dublin, ireland, today. let me begin with you. including this distressing nbc news report, what and how much do we know about al assad's movements at this point? >> reporter: there have been concerns for months. the u.s. reiterated for quite some time if assad did anything with those chemical weapons and utilize them in any way, theat would be a red line that brought on...